CCIL positioned to lead next phase; AI will define transformation: Setty

Artificial intelligence will be a defining force in the further transformation of Clearing Corporation of India Ltd (CCIL), said C S Setty, chairman, State Bank of India, adding that it is positioned to lead the next phase.

“In this dynamic environment, CCIL’s role will become even more strategic. Artificial intelligence will be a defining force in this transformation, having the potential to significantly enhance risk management, improve operational efficiency and enable real-time market surveillance,” he said on Wednesday while speaking at an event celebrating 25 years of CCIL.